ICHRA: The Key to Consumer Healthcare Empowerment
ICHRA: The Key to Consumer Healthcare Empowerment
Joe Markland - CEO, nfor1 Inc
nfor1.com
FREEDOM HUB – Your-mp.com
PLEASE SUBSCRIBE: https://www.your-mp.com/subscribe-health-biz-politics
Hey…Buy us a cup of Coffee: https://www.buymeacoffee.com/YourfreedomHub
There shouldn’t be egg on the face of the esteemed “Rosetta” brokers just because Trump outdid their health plan innovation. The former’s “direct contracting” innovation remains, indeed, part of the state of the art in employer plans but it still leaves employers “in the risk business”.
But, with the Individual Coverage Health Reimbursement Arrangement (ICHRA) that was recently expanded, the CEO can get out of the risk business. Now they can provide even better benefits programs that offer employees more health insurance options – making it easier for an employee to customize a program that meets their family’s needs.
Mr. Markland offers a further twist with his ICHRA program: savings for the worker. As employee contributions have gone up, the value of benefit plans has gone down. Employers should redefine what a good benefits program is by focusing not on employer costs, but employee costs.
The Cato Institute reports that workers nationwide lose $1 trillion annually from the tax subsidy for workplace benefits. Is it time to individualize coverage, and use a tax incentive like ICHRA to facilitate this empowerment of consumers? CEOs worry about retention, but maybe the answer for them lies in giving up control over benefits.
-
1:05:27
Health Biz and Politics
1 month agoBuilding Biologists Protect us from the Wireless Prison - Chronic Disease is really Electric Illness
1133 -
2:39:32
Roseanne Barr
6 hours agoNightcap at the Plaza with Tyler Fischer | The Roseanne Barr Podcast #45
67.2K133 -
45:25
RealReaper
7 hours agoFallout Is A Mess
24.8K24 -
1:43:46
The Quartering
7 hours agoBiden Agrees To Debate Trump, Campus Crackdown, George Floyd 3.0, Censorship Push
40.9K31 -
1:38:47
SLS - Street League Skateboarding
2 days ago2024 SLS San Diego: Women's Knockout Round
38K4 -
2:02:19
Revenge of the Cis
5 hours agoEpisode 1335: Posture
40.9K14 -
53:43
Trumpet Daily
9 hours agoFake News: Can You Believe Your Ears? - Trumpet Daily | Apr. 26, 2024
30.8K2 -
45:04
Peter Santenello
7 hours agoInside Cowboy/Ranching Culture - West Texas 🇺🇸
41.4K37 -
7:28:27
EXPBLESS
12 hours agoCan We Survive The Apocalyptic Wasteland?? | #RumbleTakeOver
50.9K7 -
2:01:19
John Burk
8 hours agoPope calls us fools, O'Keefe video, and Hammas fires on the US.
79K152